Metalpha Technology Holding Limited (NASDAQ:MATH) Short Interest Down 91.2% in July

Metalpha Technology Holding Limited (NASDAQ:MATH) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 500 shares, a decrease of 91.2% from the June 30th total of 5,700 shares. Based on an average daily volume of 14,100 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Metalpha Technology

An institutional investor recently bought a new position in Metalpha Technology stock. Apollon Wealth Management LLC acquired a new position in shares of Metalpha Technology Holding Limited (NASDAQ:MATH) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,164 shares of the company’s stock, valued at approximately $29,000. Apollon Wealth Management LLC owned about 0.06% of Metalpha Technology at the end of the most recent quarter. Hedge funds and other institutional investors own 30.53% of the company’s stock.

Metalpha Technology Trading Up 2.0 %

MATH stock traded up $0.03 during midday trading on Friday, hitting $1.30. 724 shares of the company traded hands, compared to its average volume of 9,570. The business has a 50 day simple moving average of $1.37 and a 200-day simple moving average of $1.48. Metalpha Technology has a twelve month low of $1.10 and a twelve month high of $2.27.

Metalpha Technology Company Profile

Metalpha Technology Holding Limited, together with its subsidiaries, provides wealth management services in Hong Kong. The company offers digital asset-based wealth management services, which include issuing traditional financial and cryptocurrency derivative products to over-the-counter clients, providing crypto derivative market making services, and proprietary trading of digital assets and crypto derivative products; and securities advising and asset management services.